Oireachtas Joint and Select Committees
Thursday, 19 June 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Fiscal Assessment Report 2014: Irish Fiscal Advisory Council
3:40 pm
Professor John McHale:
We are concerned about deflation, which could have a negative effect on the economy since competitiveness gains are harder to achieve in an deflationary environment. The policies are moving in the right direction. While we would have preferred them to have come sooner, it is better late than never.
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